UK Average Five-Year Fixed Mortgage Rate Hits 6%, Highest Since 2023
Average UK five-year fixed mortgage rate hit 6% on Oct 5, 2026, per Moneyfacts. Two-year fixes averaged 5.98%. Sub-5% deals plunged 99% since September.
Bank of England
Average UK five-year fixed mortgage rate hit 6% on Oct 5, 2026, per Moneyfacts. Two-year fixes averaged 5.98%. Sub-5% deals plunged 99% since September.